Will Charter Communications’s Top Institutional Shareholders BUY MORE After Earnings?

Year-to-date, Charter Communications, Inc.’s (NASDAQ:CHTR) shares are up 33 percent. On Tuesday, the company reported its second quarter earnings with a smaller loss of $83 million ($0.84 per share) on an 11 percent rise in high speed Internet revenue vs. the previous year’s $107 million ($0.98 per share) loss. The quarter also included $59 million in debt-extinguishment losses, up from the previous year’s $53 million.

Revenue rose 5.2 percent to $1.88 billion, coming in slighter higher than the $1.87 billion estimates with a $0.37 per share loss.

With the narrowing loss and additional Internet customers, will Charter Communication’s largest shareholders increase their holdings? 43 institutional firms indicated owning shares of Charter Communications, Inc. (NASDAQ:CHTR) in Q2 2012. These firms reported owning a total of 3.188 million shares on 06/30/2012. The shares closed at $70.87 on 06/30/2012.

Here are the ten largest positions in Charter Communications, Inc. at the end of June 30th, 2012.

Columbus Circle Investors held 914,362 shares on 06/30/2012 worth $64,800,837. This brought the portfolio total to 0.53%.

Thrivent Financial for Lutherans held 428,900 shares on 06/30/2012 worth $30,396,144. This brought the portfolio total to 0.24%.

Eagle Asset Management Inc held 411,579 shares on 06/30/2012 worth $29,168,605. This brought the portfolio total to 0.24%.

Bank of New York Mellon Corp held 268,161 shares on 06/30/2012 worth $19,004,571. This brought the portfolio total to 0.01%.

Robeco Institutional Asset Management B.V. held 190,000 shares on 06/30/2012 worth $13,465,301. This brought the portfolio total to 0.18%.

CI Investments Inc. held 159,100 shares on 06/30/2012 worth $11,275,417. This brought the portfolio total to 0.12%.

UBS Global Asset Management Americas Inc held 95,435 shares on 06/30/2012 worth $6,763,479. This brought the portfolio total to 0.01%.

California State Teachers Retirement System held 87,168 shares on 06/30/2012 worth $6,177,596. This brought the portfolio total to 0.02%.

State Board of Administration of Florida Retirement System held 86,396 shares on 06/30/2012 worth $6,122,885. This brought the portfolio total to 0.02%.

Mitsubishi UFJ Trust & Banking Corp held 82,491 shares on 06/30/2012 worth $5,846,137. This brought the portfolio total to 0.02%.

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